Climate Change : Your taxes at work

Blogpost by Martin Lloyd - 6 May, 2009 at 11:39

Today the European Parliament adopted a €5 billion European economic recovery package, with €3.98 billion going to energy projects. Sadly most are not the kind of energy projects we'd like to see supported, the fossil fuel industry will get double the money going to the renewable industry, and nothing will be spent on energy efficiency - the best energy investment available.

So if you live in Europe that's your taxes paying to cause climate change.

Worldwide the fossil fuel industry receives around 300 billion US$ a year from governments.